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USD/CAD trades lower to near 1.4030 amid talks to end US federal shutdown
The USD/CAD pair trades 0.12% lower to near 1.4030 during the Asian trading session on Monday. The Loonie pair faces selling pressure as the Canadian Dollar (CAD) broadly outperforms its peers, except antipodeans, following the release of the upbeat Canada labour market data for October on Friday.

WTI holds gains near $60.00 amid possible end of US government shutdown
West Texas Intermediate (WTI) Oil price extends its gains for the second consecutive session, trading around $60.00 per barrel during the Asian hours on Monday. Oil prices rise on optimism that the US government shutdown could end soon, boosting demand in the world's top Oil consumer.

GBP/USD weakens to near 1.3150 as US Senate reaches deal to extend government funding
The GBP/USD pair loses traction to near 1.3150, snapping the three-day losing streak during the early Asian session on Monday. The US Dollar (USD) strengthens against the Pound Sterling (GBP) amid positive signs that the record-breaking US government shutdown may end.

Australian Dollar receives support following cautious remarks from RBA Hauser
Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second successive session.

Gold Price Forecast: XAU/USD edges higher above $4,000 amid concerns over US economy
Gold price (XAU/USD) trades in positive territory around $4,020 during the early Asian session on Monday. The precious metal edges higher as US private jobs data indicated a weak labor market, supporting the US rate cuts.

PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0836 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.0856 compared to the previous day's fix of 7.0836 and 7.1175 Reuters estimate.

EUR/USD falls to near 1.1550 as US government shutdown nears resolution
EUR/USD depreciates after three days of losses, trading around 1.1550 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) receives support after Bloomberg reported the record-breaking US government shutdown is nearing an end.

Japan's Takaichi to examine new government fiscal target for future that looks at fiscal state
Japan Prime Minister Sanae Takaichi said on Monday that she will review target of achieving basic fiscal balance surplus and issue instructions at the stage in January.

US shutdown end in sight as Democrats agree to funding deal -- Bloomberg
The record-breaking US government shutdown is nearing an end after a group of centrist Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, Bloomberg reported on Monday.

BoJ Summary of Opinions: Member highlights the importance of wages to future policy decision
The Bank of Japan (BoJ) published the Summary of Opinions from the October monetary policy meeting, with the key findings noted below.

China suspends ban on exports of gallium, germanium and other critical metals to US
China's Ministry of Commerce said that it would temporarily lift its ban on approving exports of "dual-use items" related to gallium, germanium, antimony, and super-hard materials to the United States (US). The suspension takes effect from Sunday until November 27, 2026, Reuter reported on Sunday.

RBA's Hauser: Monetary policy in Australia faces unusual challenge
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said early Monday that getting inflation down will require policy to be restrictive.

US Treasury's Bessent: Impact of government shutdown on economy is worsening
US Treasury Secretary Scott Bessent said on Monday that the US federal shutdown impact getting worse for the economy.

USD/JPY gains ground above 153.50 on BoJ rate hike uncertainty
The USD/JPY pair trades in positive territory near 153.70 during the early Asian session on Monday. The Japanese Yen (JPY) retreats from an over one-week high amid the uncertainty over the timing of the next interest rate hike by the Bank of Japan (BoJ).

China's CPI inflation arrives at 0.2% YoY in October vs. 0% expected
China's Consumer Price Index (CPI) rose 0.2% in October from a year ago after arriving at a fall of 0.3% in September, the National Bureau of Statistics of China reported on Sunday. The market consensus was for 0% in the reported period.

USD/JPY Price Forecast: Rebounds above 153.00 as buyers stepped in
The USD/JPY stages a recovery on Friday with buyers claiming 153.00, an indication that the uptrend might resume in the short term.

EUR/USD rises as US Dollar weakens on extended shutdown and market uncertainty
EUR/USD trimmed some of its previous losses and rises 0.16% on Friday's late in the North American session, amid a scarce economic docket in both sides of the Atlantic.

Gold tops $4,000 as US shutdown, weak data stoke haven demand
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.

Fed's Miran: Lots of stablecoin usage would likely lower the neutral rate
Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of stablecoin usage would likely lower the neutral rate, and that Widespread stablecoin usage could push up the dollar's value.

Dow Jones Industrial Average falls further as consumer sentiment crumbles
The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time in almost three weeks as an AI stock pullback and withering consumer survey results drag down both sides of the investment-consumption equation.
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